306
306
Dec 30, 2013
12/13
by
MSNBCW
tv
eye 306
favorite 0
quote 0
perhaps we can provide other tax benefits. we can be creative to increase wages for those who need it most. >> don't call it affordable care act, it will never pass that way. >> we have to be more creative than we were. notice i didn't call it obama care. >> this is a situation where you could have -- where good politics meet up with good policy. the fact we have the wage for the average american has stayed flat over the past two decades. if you have a situation like this, it's not just economic inequality, it encroaches on the american dream and economic mobility. we have to think about where minimum wage is. we are going to have states do it. >> margaret, does the conversation in washington change next year on this? >> if you put the increase in the minimum wage together with unemployment benefits, republicans are in what i think is the awful position of defending everything that's been done for the top 1% but not wanting, you know, the people that romney called the takers, the 47% to have a chance at the american dream. jus
perhaps we can provide other tax benefits. we can be creative to increase wages for those who need it most. >> don't call it affordable care act, it will never pass that way. >> we have to be more creative than we were. notice i didn't call it obama care. >> this is a situation where you could have -- where good politics meet up with good policy. the fact we have the wage for the average american has stayed flat over the past two decades. if you have a situation like this,...
174
174
Mar 19, 2013
03/13
by
MSNBCW
tv
eye 174
favorite 0
quote 0
you can only tax people. on top of that for democrats to go around saying when bill mmaher to say the rich are not paying their fair share. both sides have to figure out how to moderate. >> absolutely. after the $600 billion tax increase, the rate increases on top of state and local taxes. for most people in high brackets, it's well above 50%. we are done with the tax part and it's closing the so-called tax expenditures and we will do the charitable donations for wealthy people. you have to start talking about growth. whichever side really gets serious about growth, there is one or two positive things. one is energy transformation. that is exciting and made it more competitive. the president never did anything serious about trade. right now we are on the verge of starting two major trade negotiations. one is the transpacific negotiations and the others will start a u.s.-european negotiations. this involves something like 60 or 70%. this is potentially a major energy if you can get serious about trade and help
you can only tax people. on top of that for democrats to go around saying when bill mmaher to say the rich are not paying their fair share. both sides have to figure out how to moderate. >> absolutely. after the $600 billion tax increase, the rate increases on top of state and local taxes. for most people in high brackets, it's well above 50%. we are done with the tax part and it's closing the so-called tax expenditures and we will do the charitable donations for wealthy people. you have...
239
239
Jan 3, 2013
01/13
by
MSNBCW
tv
eye 239
favorite 0
quote 0
he got his tax increase. but he can't claim republican fingerprints on his tax increase. >> well, wait a second. i mean, we're not living in the "alice in wonderland" world here. there is a tax increase for wealthier americans. it's literally a tax increase. rates are up. >> what happened yesterday was that all the tax rates went up, and then the republicans and the congress together took them down for some people, not for everybody. >> speaker john boehner, meanwhile, he -- >> got to stop there. come on. >> fine. >> what world does he live in? >> i don't know. someone tell me. >> john, i guess -- i know grover, i've always liked grover, you know. >> how do you believe someone like that? it is what it is when he wants it to be what it is. and then when it isn't, then he changes. >> they got rolled. what do you think -- republicans wanted to vote to raise taxes and have $1 million level. they got rolled. grover got rolled. >> they didn't just get rolled. >> they got destroyed. >> the whole fundamental premise
he got his tax increase. but he can't claim republican fingerprints on his tax increase. >> well, wait a second. i mean, we're not living in the "alice in wonderland" world here. there is a tax increase for wealthier americans. it's literally a tax increase. rates are up. >> what happened yesterday was that all the tax rates went up, and then the republicans and the congress together took them down for some people, not for everybody. >> speaker john boehner,...
115
115
Jan 25, 2013
01/13
by
MSNBC
tv
eye 115
favorite 0
quote 0
tax man? >> don't put it all on steve. >> i don't mind lowering your taxes as long as you're willing to have me lower your benefits because the numbers -- ultimately the math has to add up. joe, you are the great deficit hawk of all time. >> i am. >> you believe we should not be incurring this debt, so we've got to do something. >> right. >> what is that something? we have an aging society with a large commitment to social welfare programs that the public does not want to see materially reduced. you may want to, but the polls say the public does not want to see them materially reduced. >> by the way -- >> where is all this money going to come from? >> it's not about what i don't want or want. this is basic arithmetic. the deficit, the debt that is incurred by medicare and medicaid in the out years, it just can't be made up, even in a small part by increasing taxes on the margins anymore. i mean, you could take the tax rate up to 95%, perhaps. >> well, you don't have to go that high. the math h
tax man? >> don't put it all on steve. >> i don't mind lowering your taxes as long as you're willing to have me lower your benefits because the numbers -- ultimately the math has to add up. joe, you are the great deficit hawk of all time. >> i am. >> you believe we should not be incurring this debt, so we've got to do something. >> right. >> what is that something? we have an aging society with a large commitment to social welfare programs that the public...
147
147
Nov 20, 2013
11/13
by
MSNBCW
tv
eye 147
favorite 0
quote 0
cut taxes a billion-and-a-half dollars. how this year will be our third 84 in a row property taxes have gone down on a typical home. i think they will learn about education reform and entitlement reform. one of the biggest things is transitioning people from govern naens to true incidents, there is a whole lot more to wisconsin. >> steve. >> let's turn if we could to the o'fardable care act. you have been an outspoken krivenlth you have not set up an exchange or expanded medicaid under obama care. the republicans are correct in a lot of their criticisms. i have not yet heard a really specific alternative with how they will deal with 50 million uninsured people, how they will create better option for individuals, all you hear is a law frankly of generalities, do you' specifics on what a better plan would be? >> i think there are options, obviously, i'm not in the federal government. i have looked at the heritage foundation, the american enterprise institutes. it's about taking the tax incentives right now, they're more focus
cut taxes a billion-and-a-half dollars. how this year will be our third 84 in a row property taxes have gone down on a typical home. i think they will learn about education reform and entitlement reform. one of the biggest things is transitioning people from govern naens to true incidents, there is a whole lot more to wisconsin. >> steve. >> let's turn if we could to the o'fardable care act. you have been an outspoken krivenlth you have not set up an exchange or expanded medicaid...
413
413
Dec 12, 2013
12/13
by
MSNBCW
tv
eye 413
favorite 0
quote 1
it reduces the deficit without raising taxes. we prevent the military from getting deeply cut again. and we prevent two government shutdowns from occurring this year. i think that's in the interest of our country. that advance our principles. patty and i decided if we require the other person to compromise a core principle we'll get nothing done so look for common ground. that's what we're doing. we found common ground. it's a modest agreement. in this day and age with this broken, dysfunctional government it's a step tip right direction. >> can you convince members of the house republican caucus you can bust the caps by 63 billion and are you assuring them that that 63 billion will be made up. we both know, we've always been deeply skeptical when you say we'll spend more money in the first two years, three years but don't worry we'll make it up eight, nine, ten years away. >> 92% of the sequester is left intact. during the course of this agreement a year and a half fiscal year wise we got the democrats who are against any of the
it reduces the deficit without raising taxes. we prevent the military from getting deeply cut again. and we prevent two government shutdowns from occurring this year. i think that's in the interest of our country. that advance our principles. patty and i decided if we require the other person to compromise a core principle we'll get nothing done so look for common ground. that's what we're doing. we found common ground. it's a modest agreement. in this day and age with this broken,...
215
215
Mar 18, 2013
03/13
by
MSNBCW
tv
eye 215
favorite 0
quote 0
of course tax cuts are a tool used by keynesians. and tax increases. something that traditional keynesians are against in bad times. we always hear about austerity in great britain, a cross europe. there'll be talks about the spending cuts. but we never hear about the tax increases. and when you start talking about that, talk about the fact that they cut spending, slash spending at the same time they hike taxes, it really was a formula made to fail. >> spending cuts and tax increases have more or less the same effect. they both take money out of the economy. they both slow the economy. and, yes, they create this idea of austerity. but, look, it's a balancing problem. you need on the one hand to deal with as you well know budget deficits and debt. and on the other hand you need to keep growth going. here's an interesting thing i saw over the weekend just briefly. the recession in greece which is actually a depression, if you line it up against the u.s. great depression in 1929, it looks a lot a like in terms of how much unemployment there is, how much t
of course tax cuts are a tool used by keynesians. and tax increases. something that traditional keynesians are against in bad times. we always hear about austerity in great britain, a cross europe. there'll be talks about the spending cuts. but we never hear about the tax increases. and when you start talking about that, talk about the fact that they cut spending, slash spending at the same time they hike taxes, it really was a formula made to fail. >> spending cuts and tax increases have...
91
91
Feb 4, 2013
02/13
by
MSNBC
tv
eye 91
favorite 0
quote 0
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> it hasn't sunk in yet. crazy. unbelievable. tough to put into words because it just really hasn't sunk in yet. i don't even think it's sunk in that we're here, let alone won the thing, so pretty cool. >> the way that game played out when it was 28-6 and the lights went out and whatever happened, i just knew with jim harbaugh being on the other sideline and all those years that we've been together, that that game was going to be a dogfight right to the end. that those guys were coming back. >> i just try to let my teammates at this moment know what we feel like. and last night when i had the conversation with them, you know, that just came directly from my heart to tell them what th
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> it hasn't sunk in yet. crazy. unbelievable. tough to put into words because it just really hasn't sunk in yet. i don't even think it's sunk in that we're...
510
510
Dec 18, 2013
12/13
by
MSNBCW
tv
eye 510
favorite 0
quote 1
it's the rights tax laws. congress the administration for a while have wanted to do tax reform, some big effort to change rates, change exceptions. it's never gotten going. there is another year under the current chairman, dave camp of michigan, where they'll work on this, if it doesn't get done in next year, an election year, which seems tough. this idea will have a whole new jolt of energy when ryan takes over in 2015 because now not only is he somebody who knows the tax code, has great relationships with his conservative, but now he's a deal-maker. one of the few people this year who had a success on capitol hill. today the senate will go ahead and certify that budget deal. >> mike, there is a former piece who says he can't be heads of ways an means, paul ryan, and run for president if 2016. why are those exclusive? >> reporter: well, when you are writing tax, people benefit. people who lose every decision is politically sensitive and so you couldn't do it, also you couldn't divide your attention, willie, t
it's the rights tax laws. congress the administration for a while have wanted to do tax reform, some big effort to change rates, change exceptions. it's never gotten going. there is another year under the current chairman, dave camp of michigan, where they'll work on this, if it doesn't get done in next year, an election year, which seems tough. this idea will have a whole new jolt of energy when ryan takes over in 2015 because now not only is he somebody who knows the tax code, has great...
316
316
Jul 31, 2013
07/13
by
MSNBCW
tv
eye 316
favorite 0
quote 0
but corporate tax rates. if you allow us to bring the money back to america, we're going to create american jobs. >> this is the sweet spot, right? a beginning of a conversation i don't think will end up exactly this way but i agree with you. i think this is where it's very hard for republicans -- this is where you've seen the pro-immigration forces on the right as well. they are going to say this is advantageous to us. and it builds a pressure from a different perspective. i think it's going to be hard to ignore. >> robert, this is not just about cutting the debt. >> right. >> cutting the budget. sequestration. this is about bringing trillions of dollars back into the united states. reinvesting in the economy. kick starting the economy. the one thing that paul ryan and barack obama and, you know, paul krugman and whoever his counterpart on the right would be would all say is we need growth. >> right. >> and this leads to growth. >> it's what we've talked about is, you know, putting on the table, bringing the
but corporate tax rates. if you allow us to bring the money back to america, we're going to create american jobs. >> this is the sweet spot, right? a beginning of a conversation i don't think will end up exactly this way but i agree with you. i think this is where it's very hard for republicans -- this is where you've seen the pro-immigration forces on the right as well. they are going to say this is advantageous to us. and it builds a pressure from a different perspective. i think it's...
87
87
Feb 18, 2013
02/13
by
MSNBC
tv
eye 87
favorite 0
quote 0
if we just tax the rich. of course, those of us that have been saying, go ahead, tax the rich, but it's not going to take care of your debt problem, knew that was a short-run goal. they get taxes on the rich, and they're follow-up is, well, we're not going to do more cuts until we get more taxes on the rich. i'll even go there. let's do what warren buffett is talking about doing and have a minimum 30% tax rate for millionaires and billionaires. they shouldn't get 15, 16, 17% in taxes. i agree with that. guess what happens after that? loopholes. it still does nothing in the long run. you still have to cut. we were talking about allen blender last week. allen, the princeton economist, said, sorry, democrats. tax increases aren't going to fix this problem. >> we have to get back to growth. >> john, the white house is going to have to come to terms with the fact that cuts are the only thing, as professor blender says, cuts are the only thing that are going to save us. in the long run, that is what he says. >> i t
if we just tax the rich. of course, those of us that have been saying, go ahead, tax the rich, but it's not going to take care of your debt problem, knew that was a short-run goal. they get taxes on the rich, and they're follow-up is, well, we're not going to do more cuts until we get more taxes on the rich. i'll even go there. let's do what warren buffett is talking about doing and have a minimum 30% tax rate for millionaires and billionaires. they shouldn't get 15, 16, 17% in taxes. i agree...
137
137
Mar 28, 2013
03/13
by
MSNBCW
tv
eye 137
favorite 0
quote 0
the first place i would go to look we lose over a trillion dollars a year in tax breaks and tax breaks we like and not corporate jets and things we toirs like with you we could do incredible overhaul to the tax system and tax breaks gotten rid of or reformed and both bringing rates down and bringing more revenues into the federal government in a way that would help grow the economy. i think competitiveness is a big piece of this too. get rid of outdated programs, look at each part of the budget you but really have a long-term budget because right now, we are focused on the next political circle and not the next generational cycle and doing a huge disservice to the country. >> i love what everything you say but i thought jeffrey was unrealistic. >> you said what would i do if i had five days! >> maya, thanks going forjoining us. >> thank you. >> you people, stick around. >>> ahead, hole thursday. pope francis is breaking tradition. instead of holding the usual mass he is washing the feet of inconsecrated youth. that is ahead. with the great jesuit father jim martin. first, congressman m
the first place i would go to look we lose over a trillion dollars a year in tax breaks and tax breaks we like and not corporate jets and things we toirs like with you we could do incredible overhaul to the tax system and tax breaks gotten rid of or reformed and both bringing rates down and bringing more revenues into the federal government in a way that would help grow the economy. i think competitiveness is a big piece of this too. get rid of outdated programs, look at each part of the budget...
180
180
Feb 22, 2013
02/13
by
MSNBCW
tv
eye 180
favorite 0
quote 0
tax cuts, tax cuts, tax cuts. this guy right now sounds out of touch, talking about tax increases. >> or he's trying to restore some balance. >> there are two things at play. number one, the sad part is there's been a plan for a while that would get us out of this as a country in a fair and balanced way, and that's simpson-bowles. and alan and erskine came out with a scaled-down plan, 4.6, $4.7 trillion. >> you support that, right? >> yes. and our chair supports it very strongly. remember, joe, in fairness to the president, he called for a package to include $1.2 trillion in revenue and about $2.6 trillion in cuts. almost 2.5-1 in cuts. he got 650 in revenue. his position would be, if he were here, i still need to get up to that $1.2 trillion. >> sure. ize rhetorical advice is always it's the rich people. you know, those rich people -- by the way, i say on the show all the time, i support closing tax loopholes. >> everyone should. >> i'm also talking about sacrifices that all americans are going to have to make as
tax cuts, tax cuts, tax cuts. this guy right now sounds out of touch, talking about tax increases. >> or he's trying to restore some balance. >> there are two things at play. number one, the sad part is there's been a plan for a while that would get us out of this as a country in a fair and balanced way, and that's simpson-bowles. and alan and erskine came out with a scaled-down plan, 4.6, $4.7 trillion. >> you support that, right? >> yes. and our chair supports it very...
219
219
May 13, 2013
05/13
by
MSNBCW
tv
eye 219
favorite 0
quote 0
government based on taxes, on a tax revolt. for the irs to go after people because of their political beliefs, i'd be saying the same thing. obviously, if it was happening on the left. i would be shocked. it's unspeakable and the president of the united states, the head of the administration, the head of this government, needs to come out today and condemn this in the harshest terms and demand answers and fire people. >> let's applaud groups by the alcu and liberal news organizations and liberal advocacy groups that are aggressive about this. we need to be aggressive about it because governments when they have scandaled tend to not tell the truth and tend to protects themselves. >> like jay carney onfriday. >> all right, you two. >> have you ever seen anything like that? >> as an extraordinary performance. >> we like jay. you know him very well. we know him very well. i like jay before and i like him now and when he leaves the white house. we have been around unfortunately sometimes people inside the white house forget and the
government based on taxes, on a tax revolt. for the irs to go after people because of their political beliefs, i'd be saying the same thing. obviously, if it was happening on the left. i would be shocked. it's unspeakable and the president of the united states, the head of the administration, the head of this government, needs to come out today and condemn this in the harshest terms and demand answers and fire people. >> let's applaud groups by the alcu and liberal news organizations and...
269
269
Jan 16, 2013
01/13
by
MSNBCW
tv
eye 269
favorite 0
quote 0
i would look back to that tax vote after christmas. three-quarters of the republican party did not go along with speaker boehner on the compromise on increasing taxes. these guys don't care what leadership has to say about this issue. they want to shrink government. they were elected to shrink government. and whether it's defaulted, whether it's shutting down the government, whether it's allowing sequestration to kick in, they're going to make it happen in the next couple of months. and nobody knows how that will play out. >> we may just find out what happens when we reach the debt limit. jim, in spite of what the white house's grand plans for gun reform may be, there still may be not a lot of backing in congress. if you look at even republicans in the midwest and republicans in the north, how does this play out right now in congress? >> well, right. there's going to be a lot of focus on gun control. there has been since the shooting, and there will be when the president unveils his package today. i would caution people to look at the
i would look back to that tax vote after christmas. three-quarters of the republican party did not go along with speaker boehner on the compromise on increasing taxes. these guys don't care what leadership has to say about this issue. they want to shrink government. they were elected to shrink government. and whether it's defaulted, whether it's shutting down the government, whether it's allowing sequestration to kick in, they're going to make it happen in the next couple of months. and nobody...
103
103
Nov 6, 2013
11/13
by
MSNBC
tv
eye 103
favorite 0
quote 0
he vetoed a tax increase on millionaires and capped property taxes. he pushed tenure reforms that will make it easier to fire bad teach officer and he extracted far more pension reform out of the democratic legislature than did democratic governors jerry brown in california or andrew cuomo in new york. republicans everywhere should study how he managed to when among non-republican voters. you need them to become a majority party. >> michael steele used to celebrate when republican candidates can win independent voters and democrats. that's the idea. you steal from the other side. now it seems to me that people that are able to do this are branded heretics. fullyb, no, there have been ideological witch trials since 2010. if are you like chris christie and can physical out a way to win independents, then talk radio republicans kill you. >> look, i remember sitting down with then candidate chris christie and then candidate bob mcdonald, two very different candidates, two very different states, but the same agenda, which was foundationally a republican, a
he vetoed a tax increase on millionaires and capped property taxes. he pushed tenure reforms that will make it easier to fire bad teach officer and he extracted far more pension reform out of the democratic legislature than did democratic governors jerry brown in california or andrew cuomo in new york. republicans everywhere should study how he managed to when among non-republican voters. you need them to become a majority party. >> michael steele used to celebrate when republican...
225
225
Dec 16, 2013
12/13
by
MSNBCW
tv
eye 225
favorite 0
quote 0
bush said read my lips, no new taxes, it was devastating. george w. bush talked about weapons of mass destruction and there were no weapons of mass destruction it was devastating. when bill clinton said, you know, when bill clinton said i did not have sex with that young lady, monica lewinsky, that was like something that for some reason increases poll percentage by like 25%. i still haven't figured that out. but this whole thing about -- you know, this promise i think is -- this broken promise is probably what scares democrats the most going into 2014. >> it's a credibility problem for the president, for democrats who have repeated it for several years and what's become quite clear over the past couple weeks is it's not something that's going to go away. the white house has tried to apologize for it, has tried to explain it away, but it is going to linger. the one thing i would say about republicans going back to the two articles you cited is that it's very possible that what we're seeing now is that republicans actually took the time after the shutd
bush said read my lips, no new taxes, it was devastating. george w. bush talked about weapons of mass destruction and there were no weapons of mass destruction it was devastating. when bill clinton said, you know, when bill clinton said i did not have sex with that young lady, monica lewinsky, that was like something that for some reason increases poll percentage by like 25%. i still haven't figured that out. but this whole thing about -- you know, this promise i think is -- this broken promise...
351
351
Feb 27, 2013
02/13
by
MSNBCW
tv
eye 351
favorite 0
quote 0
and the tax issue right now is huge. i don't think the president would do a deal to replace the sequester that didn't have revenue. and i can't see a revenue deal passing the house that doesn't have major entitlement reform and major tax reform, which is nowhere near being ready to be voted on. >> so donny deutsch, if you and i are debating in the next election, and i, a senator that voted for sequester and you're running against me, and you say, you slashed this and you slashed -- let's say in ross perot style, look at this chart. i'm going to show you a chart, this is a chart that john barrasso and mitch mcconnell put out. the top line is what happens without the sequester, the bottom line is what happens with the sequester, and it is, jeffrey sykes, professor of economics at columbia helpfully explained the other day, the line after the sequester cuts is actually below what barack obama said we were going to be doing, as far as cuts go, in 2009! >> thank you, professor erwin cory. >> but look at this, though, seriousl
and the tax issue right now is huge. i don't think the president would do a deal to replace the sequester that didn't have revenue. and i can't see a revenue deal passing the house that doesn't have major entitlement reform and major tax reform, which is nowhere near being ready to be voted on. >> so donny deutsch, if you and i are debating in the next election, and i, a senator that voted for sequester and you're running against me, and you say, you slashed this and you slashed -- let's...
321
321
May 15, 2013
05/13
by
MSNBCW
tv
eye 321
favorite 0
quote 0
tax exempt status so this one-sided. kelly o'donnell, i go to you. i know ways and means hearings coming up on friday. what do you expect to hear from those? >> a lot of anger and frustration from members of congress who feel they have been lied to in repeated attempts to get information from the irs. many have told me they send letter after letter that was either responded to with smo substantive answer or not responded to at all or information they got was, in fact, not in line with the facts. there is a sense of vindication perhaps that complaints that they have made that have gone sort of in the wind and not particularly seriously taken by the administration now have resonated in a way that we expect very tough questioning of steve miller who is the acting commissioner and much more investigation. part of what this will be do is empower congress to use its authority for oversight which many people think of congress only as passing bills and sometimes, you know, railing in front of a camera, but part of their function
tax exempt status so this one-sided. kelly o'donnell, i go to you. i know ways and means hearings coming up on friday. what do you expect to hear from those? >> a lot of anger and frustration from members of congress who feel they have been lied to in repeated attempts to get information from the irs. many have told me they send letter after letter that was either responded to with smo substantive answer or not responded to at all or information they got was, in fact, not in line with the...
215
215
Jan 11, 2013
01/13
by
MSNBCW
tv
eye 215
favorite 0
quote 0
they raise your taxes once, they want to raise your taxes again. washington can't spend money, but they don't do that. they're sidetracked by extremists. >> joe, erskine bowles is not a republican, but he was here yesterday describing in concise and succinct detail our fiscal plight and the fact that once you -- unless you touch entitlements, unless you go after common-sense way to deal with entitlements down the road, every penny -- every penny of every dollar the united states spends on everything else other than the entitlement programs is going to have to be borrowed. that's shocking. >> well, by the way, that happened last year. >> i know. i know. but the republican party has, by and large, let that go. just let it go. >> now is our time. that's what is so shocking to me. >> it really is. >> is the republican party in washington, d.c. -- not the republican party across the nation where republicans control 60% of the governor's mansions across the nation and control a majority of the senate seats and control the majority of the house seats acro
they raise your taxes once, they want to raise your taxes again. washington can't spend money, but they don't do that. they're sidetracked by extremists. >> joe, erskine bowles is not a republican, but he was here yesterday describing in concise and succinct detail our fiscal plight and the fact that once you -- unless you touch entitlements, unless you go after common-sense way to deal with entitlements down the road, every penny -- every penny of every dollar the united states spends on...
60
60
Feb 20, 2013
02/13
by
MSNBC
tv
eye 60
favorite 0
quote 0
they say they just gave them tax hikes. they're betting they'll blame the president for lost funding in federal programs and the pentagon over ten years, should the sequestration take place. house speaker john boehner said, quote, today the president advanced an argument republicans have been making for a year. his sequester is the wrong way to cut spending. senate majority leader mitch mcconnell insisted "more than three months after the november election, president obama still prefers campaign events to common sense, bipartisan action." and joining us now for more on this from washington, the former chief economist of the international monetary fund and bloomberg view columnist, simon johnson. he's the co-author of "white house burning: our national debt and why it matters to you," now out in paperback. simon, good to see you this morning. >> nice to be with you. >> simon, if you could help us through this over the next week or so, it doesn't look like there's a path to avoiding the sequestration if you listen to the two
they say they just gave them tax hikes. they're betting they'll blame the president for lost funding in federal programs and the pentagon over ten years, should the sequestration take place. house speaker john boehner said, quote, today the president advanced an argument republicans have been making for a year. his sequester is the wrong way to cut spending. senate majority leader mitch mcconnell insisted "more than three months after the november election, president obama still prefers...
184
184
Feb 21, 2013
02/13
by
MSNBCW
tv
eye 184
favorite 0
quote 0
and very frankly, we paid for tax cuts because they're not for free. if you cut revenues -- right now in america, we are having a product that we deliver to the american people that cost 23 bucks. 23% of gdp. >> right. >> and we are collecting for that product 15 bucks. >> right. >> 15%. >> even mike and i can figure that out. >> losing money. >> any business that does that's going to go belly up pretty soon. >> that's right. >> can i tell my joke again? it just never gets old. i mean, i'm not good at math. i went to the university of alabama, but every year -- >> that's a given. >> we count to number one. but i can even figure out the math. this is what we've been saying for some time. americans have decided they like republican tax rates, and they love democratic spending plans. >> whoa. >> and the two sides don't match up. >> whoa joe. whoa, joe. in the 2000s, it was republican spending programs that they liked. >> i agree. i've written a book about it. >> $1.5 trillion in the war, prescription drug bill, over $2 trillion long term that we haven't p
and very frankly, we paid for tax cuts because they're not for free. if you cut revenues -- right now in america, we are having a product that we deliver to the american people that cost 23 bucks. 23% of gdp. >> right. >> and we are collecting for that product 15 bucks. >> right. >> 15%. >> even mike and i can figure that out. >> losing money. >> any business that does that's going to go belly up pretty soon. >> that's right. >> can i tell...
302
302
Dec 13, 2013
12/13
by
MSNBCW
tv
eye 302
favorite 0
quote 0
do we do real tax reform and a plan that the grand bargain? if we do, this was an historic moment for america. if we fall back in -- >>ee seems very free from the grips. >> if we do entitlement reform, yes. i'm one of the conservatives and i hate the deal when you are $17 trillion in debt. these are the first caps. everybody whines about sequestration. it's a 50 time washington, d.c. has shown discipline whatsoever on spending over the past 15 years. listen, do i hate the fact that we are going after the discretionary spending? yeah, i hate that fact. you know what, until they get real about a littlement, don't come and ask me to lift any caps whatsoever. fine. if we did this and we are now ready to talk about what's bankrupting america, i'm cool with it. >> that's the key. >> we're not. don't even talk to him about social security and medicare. why should we? america's financial stability rests on tackling medication. >> that's where the president has to seize the moment and driveway the process. >> okay. i actually think in response to what
do we do real tax reform and a plan that the grand bargain? if we do, this was an historic moment for america. if we fall back in -- >>ee seems very free from the grips. >> if we do entitlement reform, yes. i'm one of the conservatives and i hate the deal when you are $17 trillion in debt. these are the first caps. everybody whines about sequestration. it's a 50 time washington, d.c. has shown discipline whatsoever on spending over the past 15 years. listen, do i hate the fact that...
83
83
Jan 24, 2013
01/13
by
MSNBC
tv
eye 83
favorite 0
quote 0
and there's the overarching question of taxes and spending and entitlements. where do you put the challenges this session faces in terms of history? is this 1981? is this 2009? how are you feeling about the weight of what you have to deal with? >> well, first let me say there is bipartisan agreement that your book on jefferson is absolutely fantastic. >> all right. >> that's among the leadership as well as the rank and file members of the united states senate. >> i appreciate that. >> people are reading it all over the place. from my standpoint, we're really looking at the greatest threat to our national security is our debt. it has to do with our children and our grandchildren's futures. as i travel wyoming and have telephone town hall meetings, the things that really come up, people are saying i'm not worried for me. i'm worried for my kids and grandk grandkids, and are we still going to have america in the future with this kind of debt? who will we owe our future to? >> senator barrasso, i want to ask you about your piece in this morning's "wall street jour
and there's the overarching question of taxes and spending and entitlements. where do you put the challenges this session faces in terms of history? is this 1981? is this 2009? how are you feeling about the weight of what you have to deal with? >> well, first let me say there is bipartisan agreement that your book on jefferson is absolutely fantastic. >> all right. >> that's among the leadership as well as the rank and file members of the united states senate. >> i...
163
163
Jan 28, 2013
01/13
by
MSNBC
tv
eye 163
favorite 0
quote 0
and we've done a lot of the tax. we really can't get there through further tax increases or through discretionary spending. it's got to be through entitlements which means the health care sector. if we don't get serious about it, we are going to make ourselves extraordinarily vulnerable, and the president didn't do it so far. one hopes he does it in the state of the union. >> ed, republicans have had a terrible record over the past decade when it comes to spending, when it comes to deficits, when it comes to debt. george w. bush added $6 trillion in debt, the president, $6 trillion over one term. but democrats are going to have to look at medicare and medicaid. this just can't -- you can't tax your way to solvency, can you, with these programs? >> you can't. i mean, we have made over $1 trillion in cuts at the last continuing resolution. that was a good thing. we've raised revenues, $600 billion in revenue, that was a positive step. we've got, joe, at least $2.5 trillion to go. and i think richard's right. i'd say it
and we've done a lot of the tax. we really can't get there through further tax increases or through discretionary spending. it's got to be through entitlements which means the health care sector. if we don't get serious about it, we are going to make ourselves extraordinarily vulnerable, and the president didn't do it so far. one hopes he does it in the state of the union. >> ed, republicans have had a terrible record over the past decade when it comes to spending, when it comes to...
256
256
Mar 6, 2013
03/13
by
MSNBCW
tv
eye 256
favorite 0
quote 0
while the rest of us are paying 28% or 35% or 39% in taxes. that is an idea that would not offend 95% of the republican base. because i can tell you, the republicans that i not only talked to today, but the republicans who elected me are just as angry about warren buffett paying 16% in taxes as they are about another issue. like for instance, the banks continuing to be bigger and bigger and bigger because they know if citi goes under, the taxpayers are going to have to bail them out the next day. >> these are all issues, joe, that we as a party really do own and have been strong on traditionally. and why it is we're not pulling ourselves together around the fundamentals of tax reform, around closing loopholes, around carried interest, for example, around a banking system that is, in fact, too big to fail and therefore anti-competitive and speaks against the level playing field that republicans have always stood for, these are our bread and butter issues. yes, we talked about them during the last elections cycle and i am hearing people begin to
while the rest of us are paying 28% or 35% or 39% in taxes. that is an idea that would not offend 95% of the republican base. because i can tell you, the republicans that i not only talked to today, but the republicans who elected me are just as angry about warren buffett paying 16% in taxes as they are about another issue. like for instance, the banks continuing to be bigger and bigger and bigger because they know if citi goes under, the taxpayers are going to have to bail them out the next...
230
230
Apr 24, 2013
04/13
by
MSNBCW
tv
eye 230
favorite 0
quote 0
a powerful voice on tax issues. the 71-year-old has, at times, clashed with fellow democrats for opposing his own party's initiative and he was one of four democrats who voted last week against extended background checks for gun sales. six democrats not running for re-election next year and most of whom represent competitive seats. party leads in montana are looking to former democratic governor brian schweitzer as their best chance to holding on to baucus' seat. what do you think of this, howard dean? >> i predicted this a weeking on a "morning joe." here is the problem. baucus, i think is described as a centrist democrat which means he voted with the republicans on the important issues that we care about. and ed schweitzer is this populous guy and even though he is not that liberal he is a populace. each in montana the vote matters a lot. the last poll a couple of days showed bryan schweitzer with a 19-.lead in a primary over max baucus. a hill too high to climb. no amount of money is going to fix that kind of pro
a powerful voice on tax issues. the 71-year-old has, at times, clashed with fellow democrats for opposing his own party's initiative and he was one of four democrats who voted last week against extended background checks for gun sales. six democrats not running for re-election next year and most of whom represent competitive seats. party leads in montana are looking to former democratic governor brian schweitzer as their best chance to holding on to baucus' seat. what do you think of this,...
222
222
Dec 9, 2013
12/13
by
MSNBCW
tv
eye 222
favorite 0
quote 0
taxes and regulations. talk about what you hear on the hill and what you are hearing at the white house. is there a chance to pass minimum wage through the senate? >> the minimum wage talk is you hear it more to the side than the unemployment talk. when minimum wage hiked in the bush year, it was 2007 and the country had not gone through a recession yet and even then it took a huge amount of capital to get it through. a famous senator on the senate really pushed the bill over the top and ended up getting it through. that was where we are now. i don't hear much optimism that we'll get to $10.10. you hear more about that. with respect to unemployment insurance, you are starting to see the debate heat up because it comes at a cruel time. it would be after christmas, december 28th. you had about 1.3 million people losing benefits. the question is, how do you pay for it? in the past it wasn't always paid for. $25 billion. the budget negotiations are trying to figure out if they can find money to pay for that $25
taxes and regulations. talk about what you hear on the hill and what you are hearing at the white house. is there a chance to pass minimum wage through the senate? >> the minimum wage talk is you hear it more to the side than the unemployment talk. when minimum wage hiked in the bush year, it was 2007 and the country had not gone through a recession yet and even then it took a huge amount of capital to get it through. a famous senator on the senate really pushed the bill over the top and...
203
203
Sep 9, 2013
09/13
by
MSNBCW
tv
eye 203
favorite 0
quote 0
this is confusing. >> they pretended to pay taxes. he referenced the 47% not paying taxes. that is now 43%. there more people paying taxes. my response? $7 billion and debate over why they are dog something like this. well, they want to get into the handset business. they have software and they and skype and they have a search and the question is maybe they should break themselves. >> he is leaving? >> too much demand. they are trying to be apple and google. >> what about "people" magazine? >> "people" magazine, they charge $112 a year. >> i didn't know that. >> i just read that. usually you get the digital and the prints. you have to pay an extra $20 for that. >> throw3.5 million subscribers. it's a cash cow. >> for extra material. if you want to know what miley cyrus is thinking, or maybe people can say. >> up next, serena williams. >> there a lot of people who want to know. >> "people" magazine. making some dough. that's your sister magazine. >> the publication. the national leader. national brand. >> they have good, uplifting stories. >> serena williams breaks another r
this is confusing. >> they pretended to pay taxes. he referenced the 47% not paying taxes. that is now 43%. there more people paying taxes. my response? $7 billion and debate over why they are dog something like this. well, they want to get into the handset business. they have software and they and skype and they have a search and the question is maybe they should break themselves. >> he is leaving? >> too much demand. they are trying to be apple and google. >> what...
163
163
Mar 12, 2013
03/13
by
MSNBCW
tv
eye 163
favorite 0
quote 0
democrats love raising taxes. that's what they do, the first instinct is to raise taxes on americans. so let them put that plan out and we'll debate it. i'm quite comfortable if the democrats in the senate start showing a little bit of courage. really, it's the leadership. like tom coburn said, it's really harry reid. if they show a little bit of courage and put out their own blueprint and they'll be asking for a lot more taxes. democrats love raising taxes. then let's have the debate and let americans decide. i'm quite comfortable that'll probably work out very well for the republican party. >> i don't think so. >>> coming up on "morning joe" -- i'm going to leave it there. >> you can afford to pay a lot more -- >> now, stop it. >> because you're in the 11% tax bracket. >> oh, gosh. >> no, we all can afford to pay more taxes, there are a lot of works class americans that can't. a lot of middle class americans that can't. small business owners that can't. >> i was restrained -- >> not going to choose the spending
democrats love raising taxes. that's what they do, the first instinct is to raise taxes on americans. so let them put that plan out and we'll debate it. i'm quite comfortable if the democrats in the senate start showing a little bit of courage. really, it's the leadership. like tom coburn said, it's really harry reid. if they show a little bit of courage and put out their own blueprint and they'll be asking for a lot more taxes. democrats love raising taxes. then let's have the debate and let...
240
240
Feb 5, 2013
02/13
by
MSNBCW
tv
eye 240
favorite 0
quote 0
his children and their children would lead highly productive lives, pay many millions of dollars in taxes over time and get to be a small part of the decision as voters about how we were going to treat his spiritual descendants. my grandfather and grandmother a deckers lina indeed wanted to wring america for all it was worth. that was selfish but very fruitful. their patriotism was all the stronger because america wasn't their birthright but their choice, their wager. they were invested in seeing it as the best possible decision, the only right call. it's an incredible story and there are millions and millions of those. >> when we say the phrase "illegal alien" a terrible phrase or "illegal immigrant" a lot of us aren't recognizing how unusual that is in our past. i don't think i'm that unusual having an illegal immigrant being responsible for me being here years later. when we talked about my grandfather's story and how hard they worked to be successes and their children to be successes in this country we often glide over the part he came here without permission in 1939 and living off th
his children and their children would lead highly productive lives, pay many millions of dollars in taxes over time and get to be a small part of the decision as voters about how we were going to treat his spiritual descendants. my grandfather and grandmother a deckers lina indeed wanted to wring america for all it was worth. that was selfish but very fruitful. their patriotism was all the stronger because america wasn't their birthright but their choice, their wager. they were invested in...
357
357
Aug 15, 2013
08/13
by
MSNBCW
tv
eye 357
favorite 0
quote 0
if bill clinton was raising taxes, we had an alternative on what taxes needed to be cut. if we didn't like what hillary clinton was doing on health care there were three, four, five alternatives. we had alternatives so when we ran, not only could we win, we could govern. i talk about nilism, it is affecting the republicans. some of the people in the senate, some of the people in the house, and i'm glad that newt gingrich is saying what he's saying. because you know what, i've been saying it for years. you can't beat something with nothing. and just saying we're going to shut down the government, saying what we're against, is not going to lead us back to winning the senate. most importantly, winning back the white house in 2016. >> okay. . >> it's a positive message. i'm glad newt is saying it. >> i think it's -- all right. i'm going to keep my mouth shut. >> it's a positive message and i'm glad newt gingrich is saying. >> it's easy to say now. >> jon meacham has a question. >> one of the things about speaker gingrich is, he is, you know, he suffers from superlative-itis.
if bill clinton was raising taxes, we had an alternative on what taxes needed to be cut. if we didn't like what hillary clinton was doing on health care there were three, four, five alternatives. we had alternatives so when we ran, not only could we win, we could govern. i talk about nilism, it is affecting the republicans. some of the people in the senate, some of the people in the house, and i'm glad that newt gingrich is saying what he's saying. because you know what, i've been saying it for...
182
182
Jan 31, 2013
01/13
by
MSNBCW
tv
eye 182
favorite 0
quote 0
income jumped because people were paying themselves a ton of money ahead of the higher tax rate this year. but for the most part, you had the higher income numbers, which is a good thing. >> that's a good thing. you're also fog a story in the "wall street journal" today about unions and health care. >> it's getting a lot of play out there. and the story is basically this, folks. it's in the journal, which is that part of obama care allows caps on precipitation drug spending, and some unions, apparently, are just realizing this. and they're pushing back on the administration to make sure they don't have these caps, because they're saying, that's going to drive up our medical costs, our health care costs, more than we thought, which means, we're going to be less competitive in the marketplace. so according to the journal, the unions are pushing back on the obama administration about this cap. and they're asking for federal subsidies on top of their work insurance. >> all right. and let's talk about facebook now. they've just had a brutal year. but some pretty good news in the fourth qu
income jumped because people were paying themselves a ton of money ahead of the higher tax rate this year. but for the most part, you had the higher income numbers, which is a good thing. >> that's a good thing. you're also fog a story in the "wall street journal" today about unions and health care. >> it's getting a lot of play out there. and the story is basically this, folks. it's in the journal, which is that part of obama care allows caps on precipitation drug...
180
180
Dec 11, 2013
12/13
by
MSNBCW
tv
eye 180
favorite 0
quote 0
all of it is tax increases because eventually an american pays for it. so they did raise taxes. so the fact is with all this duply indication have harry reid and john boehner say here's the different programs, go in, clean them up. for every dollar you say, we'll add a dollar back. i germany tee if that's the only way, we wouldn't have a government shutdown, you see members of congress and committees doing what they were supposed to do the last ten years which they have not been doing. >> two things not in this deal. unemployment benefits that are about to expeer for a lot of americans and the debt ceiling. what is the right strategy on those two issues? >> i think the debt ceiling is interesting. the politics of obama care changed so dramatically. look, i'm a practical politician, so my view is the problem with the u.s. senate is we don't have enough tom coburns. i would like to get more. i think we have a huge opportunity to do it. i don't want to give democrats fights on their terrain over the next four months to blow the huge opportunity over the next 12. i think we should p
all of it is tax increases because eventually an american pays for it. so they did raise taxes. so the fact is with all this duply indication have harry reid and john boehner say here's the different programs, go in, clean them up. for every dollar you say, we'll add a dollar back. i germany tee if that's the only way, we wouldn't have a government shutdown, you see members of congress and committees doing what they were supposed to do the last ten years which they have not been doing. >>...
215
215
Mar 14, 2013
03/13
by
MSNBCW
tv
eye 215
favorite 0
quote 0
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> coming up next, pope francis comes from the new world. will he continue the church's old world ways? 1.2 billion catholics want to know. we'll discuss next on "morning joe." do we have a mower? no. a trimmer? no. we got nothing. we just bought our first house, we're on a budget. we're not ready for spring. well let's get you ready. very nice. you see these various colors. we got workshops every saturday. yes, maybe a little bit over here. this spring, take on more lawn for less. not bad for our first spring. more saving. more doing. that's the power of the home depot. get three bags of earthgro mulch, a special buy at just $10. [ babies crying ] surprise -- your house was built on
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> coming up next, pope francis comes from the new world. will he continue the church's old world ways? 1.2 billion catholics want to know. we'll discuss...
215
215
Mar 1, 2013
03/13
by
MSNBCW
tv
eye 215
favorite 0
quote 0
tax loopholes. boehner said last year that he could identify $800 billion in loopholes that he was willing to close. and some entitlement reform. everybody understands what the deal is. the question is whether i think it's mostly on the republican side, whether they can manipulate the politics of their own caucus to get there. >> but david and melody, tax reform is not going to get us to where we need to go to save entitlements. >> and no one's saying that it is. >> but the president's saying -- >> here's the thing, though. >> the president is saying some reform on medicare, but you look at what allen binder said, what other economists are saying, democrats are wrong when they say we can take care of the entitlement crisis by raising taxes. that's not the answer. >> joe, no one is saying that. what we're saying is that if you're going to ask democrats to vote for entitlement reforms, that you have to at the same time have revenue increases on the other side of the equation in order to move forward.
tax loopholes. boehner said last year that he could identify $800 billion in loopholes that he was willing to close. and some entitlement reform. everybody understands what the deal is. the question is whether i think it's mostly on the republican side, whether they can manipulate the politics of their own caucus to get there. >> but david and melody, tax reform is not going to get us to where we need to go to save entitlements. >> and no one's saying that it is. >> but the...
179
179
Feb 26, 2013
02/13
by
MSNBCW
tv
eye 179
favorite 0
quote 0
taxes. >> i stand by those commitments to make the reforms for smart spending cuts. we also need republicans to adopt the same approach to tax reform that speaker boehner championed just two months ago. >> the president says we have to have another tax increase in order to avoid the sequester. well, mr. president, you got your tax increase. it's time to cut spending here in washington. instead of using our military men and women as campaign props if the president was serious, he'd sit down with harry reid and begin to address our problems. >> you know, willie, it strikes me not only the white house but liberals for a decade now have said if republicans were serious about the deficit, they would cut defense spending and they would come forward with tax increases. well, it looks like, as mike was talking about yesterday in this new york article, republicans are going to come forward and let these defense cuts go through. so republicans will, over the past three months compromise in defense spe
taxes. >> i stand by those commitments to make the reforms for smart spending cuts. we also need republicans to adopt the same approach to tax reform that speaker boehner championed just two months ago. >> the president says we have to have another tax increase in order to avoid the sequester. well, mr. president, you got your tax increase. it's time to cut spending here in washington. instead of using our military men and women as campaign props if the president was serious, he'd...
597
597
Dec 23, 2013
12/13
by
MSNBCW
tv
eye 597
favorite 0
quote 2
that raising taxes, hiking taxes, punitive tax rates on conversations and the rich, let's just say it, is not going to he bring income equality. >> i agree with that. but we have cut heavily as we've discussed many times on this show programs like education that contribute to greater mobility. taxes on the rich today have gone up a little bit lately, but they're still below what they were in you go back to the pre-reagan era. if you look back in american history, we have some of our most equal income equality in the '60s when we had some of our fastest economic growth. the two do not necessarily cancel each other out. i agree that you can't overtax people, but you can have a more level society. >> so what should the tax rate be then 12? we're looking at 39% and then new york city, you had on 4.5%? so that's a real -- you're about 50%. >> but as you point out many time, kacht gacapital gains tax rate is 20%. >> really where rich people make their dough. >> so if we do what warren buffett says and what i think we should do and we have a minimum 30% tax rate on everything, which i said t
that raising taxes, hiking taxes, punitive tax rates on conversations and the rich, let's just say it, is not going to he bring income equality. >> i agree with that. but we have cut heavily as we've discussed many times on this show programs like education that contribute to greater mobility. taxes on the rich today have gone up a little bit lately, but they're still below what they were in you go back to the pre-reagan era. if you look back in american history, we have some of our most...
322
322
Feb 6, 2013
02/13
by
MSNBCW
tv
eye 322
favorite 0
quote 0
let's begin by doing something about tax reform. they have moved on immigration, which is an encouraging sign, but it's less than the sum of the parts at this moment in terms of how they want to take a kind of whole approach to what we're going to have to do. and there's going to have to be some people from the ground up in the house and the senate who are going to seize this and say, i don't want this on my record. i'm serving in congress. i'm serving in the senate. and when i go out of here, historians are going to look back and say that we completely failed our responsibility. shifted the burden to the young people. and then went home. i mean, congress has not improved its standing with the american people in the last couple of months. it was not a kumbaya moment when we had the inauguration in which people came together and said now we're going to solve things. they went back to their entrenched positions, and that's where they're stuck. >> you say everybody needs to do something on medicare, on health care costs. there are debt
let's begin by doing something about tax reform. they have moved on immigration, which is an encouraging sign, but it's less than the sum of the parts at this moment in terms of how they want to take a kind of whole approach to what we're going to have to do. and there's going to have to be some people from the ground up in the house and the senate who are going to seize this and say, i don't want this on my record. i'm serving in congress. i'm serving in the senate. and when i go out of here,...